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You could’ve had the same reaction years ago when Google published GoogleNet followed by a series of increasingly powerful Inception models - namely that Google would wind up owning the DNN space. But it didn’t play out that way, perhaps because Google dragged its feet releasing the models and training code, and by the time it did, there were simpler and more powerful models available like ResNet.
Meta’s recent release of the actual OPT LLM weights is probably going to have more impact than PaLM, unless Google can be persuaded to open up that model.